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by ppseafield
870 days ago
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Indeed, although Sony hadn't created the DVD format (Phillips), having it did boost sales of the PS2. With the PS3 Sony was pushing its own format in direct competition to HD-DVD (also Phillips), and I'm sure losing Beta max market to VHS was still in their minds. So they decided to sell PS3 consoles at a much greater loss. It did pay off as well, but the first few years cost Sony a lot. |
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